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Feb 8, 2013
02/13
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u.s. airways stock was higher on the speculation, rising 3.8%. u.s. airways shareholders would likely get a minority stake if they merge with american airles. stocks of other major air carriers rallied as well. delta air lines rose 2.7% to a new 52 week high. united continental gained 1.6% to within almost a dollar of a new yearly high. the possibility of online gambling coming to the garden state. new jersey governor chris christ)"Ñpgnounced his support to legalize internet gambling in his state. if it happens, new jersey would be one of the first states to allow it. that support was enough to get gaming stocks moving up. aesa entertainme jumped 18.6% to its highest price since july. boyd gaming saw a more modest 2.7% rally, but volume more than quadrupled. as erika reported earlier in the program, january retail sales are coming in, but so did a warning from the parent company of ann taylor. ann, as the company is known, warned that its fourth quarter sales and margins will be weak, blaming super-storm sandy, and disappointing products at its loft
u.s. airways stock was higher on the speculation, rising 3.8%. u.s. airways shareholders would likely get a minority stake if they merge with american airles. stocks of other major air carriers rallied as well. delta air lines rose 2.7% to a new 52 week high. united continental gained 1.6% to within almost a dollar of a new yearly high. the possibility of online gambling coming to the garden state. new jersey governor chris christ)"Ñpgnounced his support to legalize internet gambling in...
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Feb 13, 2013
02/13
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u.s. economy and profits for this year. on top of that, financial conditions in the eurozone are still a threat to u.s. stocks. >> with the market at current levels, which... basically looks like they're priced for perfection, there doesn't leave a lot of room for any disappointing news. and there are a lot of areas that could create disappointing news. >> reporter: weissberg says many market pros believe stocks are headed higher, but they need a catalyst, and that's unlikely to come from tonight's state of the union. suzanne pratt, "n.b.r.," new york. >> susie: still ahead, why ailing smartphone maker blackberry is hoping the sports market will help it on its road to recovery. we'll explain in tonight's "beyond the scoreboard." a "silly sideshow--" that's what apple c.e.o. tim cook called a recent lawsuit filed by hedge fund manager david einhorn. speaking at a goldman sachs technology conference today, cook also said apple is considering einhorn's proposal to issue preferred stock and re
u.s. economy and profits for this year. on top of that, financial conditions in the eurozone are still a threat to u.s. stocks. >> with the market at current levels, which... basically looks like they're priced for perfection, there doesn't leave a lot of room for any disappointing news. and there are a lot of areas that could create disappointing news. >> reporter: weissberg says many market pros believe stocks are headed higher, but they need a catalyst, and that's unlikely to...
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Feb 9, 2013
02/13
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the u.s. trade gap narrows as the world buys more made in america products and the u.s. buys less foreign oil. >> susie: and with gas prices rising, chevy hopes its new diesel chevy cruze will attract buyers looking for more miles per gallon. >> tom: that and more tonight on "n.b.r." >> susie: millions of people are bracing tonight for a powerful snow storm that could cripple the east coast. some forecasters say this could be the blizzard of the century with record amounts of snow and extremely strong winds. in parts of the northeast, transportation was shut down. the governors of massachusetts and connecticut declared a state of emergency and banned car travel, train service and cancelled flights in and out of boston. while the worst of the storm has yet to hit, many businesses and cities were busy making prarations today. erika ller repor. >> reporter: this monstrous storm is already being compared to the great blizzard of '78, when vast amounts of snow blanketed the ohio valley and the great lakes. that storm lasted 36 hours, leaving cars stranded. this storm could al
the u.s. trade gap narrows as the world buys more made in america products and the u.s. buys less foreign oil. >> susie: and with gas prices rising, chevy hopes its new diesel chevy cruze will attract buyers looking for more miles per gallon. >> tom: that and more tonight on "n.b.r." >> susie: millions of people are bracing tonight for a powerful snow storm that could cripple the east coast. some forecasters say this could be the blizzard of the century with record...
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Feb 23, 2013
02/13
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what gives you confidence in u.s. housing? >> tom, there's a couple factors that we like about u.s. housing. first is that there's still a fair amount of pent-up demand for housing. housing starts are running at levels still belv normal. normally we'd see about 1.5 million starts. we're at 900,000. plus interest rates are very low making affordability high. we think the combination of pent-up demand and affordability will help propel the housing market. >> tom: what about over in china with the consumer there who is kind of been pushed and pulled between stim lutz and pulling back the stimulus from beijing? >> that is an area that we do like. besides the long-term secular growth of rising wealth in china, we also now have a new leadership in place in china and that's given more confidence to the chinese consumer, and we think we're going to see continued growth in that parent of the global economy. >> tom: you've described this as a barbell approach. on one end the united states, on the other end you like china. that's leading you to technology. xlk is the ticker symbol. why do you
what gives you confidence in u.s. housing? >> tom, there's a couple factors that we like about u.s. housing. first is that there's still a fair amount of pent-up demand for housing. housing starts are running at levels still belv normal. normally we'd see about 1.5 million starts. we're at 900,000. plus interest rates are very low making affordability high. we think the combination of pent-up demand and affordability will help propel the housing market. >> tom: what about over in...
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Feb 9, 2013
02/13
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but the results were better here in the u.s. with a surprise jump of about 1%, thanks to mcdonald's popular dollar menu. as for mcdonald's shares, up slightly to about $95 a share. >> susie: just two days after the u.s. post office said it will stop saturday deliveries so it can save money. we get more details on how bad things are. the u.s. postal service today reported a loss of more than $1 billion for its first fiscal quarter. that's the october to december period and tom, it's usually the strongest time of year for the post office thanks to holiday cards and packages, but there was as sharp drop in mail volume and this just makes a case for congress to help fix the finances of the post office. >> tom: it looks like it could be a difficult saturday tomorrow on the east coast for all those mail cariers with the snowstorm coming through. in our market focus here, susie, on this friday night, stocks were able stocks crept higher even as many traders paid more attention to the weather. the s&p 500 moved up at the opening bell, h
but the results were better here in the u.s. with a surprise jump of about 1%, thanks to mcdonald's popular dollar menu. as for mcdonald's shares, up slightly to about $95 a share. >> susie: just two days after the u.s. post office said it will stop saturday deliveries so it can save money. we get more details on how bad things are. the u.s. postal service today reported a loss of more than $1 billion for its first fiscal quarter. that's the october to december period and tom, it's...